THE Asean+3 Macroeconomic Research Office (AMRO) on Tuesday kept its Philippine economic growth forecasts for this year and next despite seeing anemic factory and export output in the region.
In the July update of its Asean+3 Regional Economic Outlook, AMRO maintained its gross domestic product (GDP) growth projection for the country at 6.3 percent for 2019 and 6.5 percent for 2020, after downgrading these in its June report from 6.4 percent and 6.6 percent, respectively.